Abstract

Extracted from text ... M
44 Management Today February 2006
Remuneration -
connected to performance targets
More and more South African companies
are beginning to evaluate and scrutinise
CEO remuneration packages in line with
international best practice and good corporate
governance. CEOs and other top
managers are being called to greater accountability
as huge salaries are increasingly
being linked to achieving performance
targets.
While South Africa still lags in this regard,
it is certainly an issue that will gain
popularity given the problems that have
arisen, particularly in the public sector,
with high remuneration and poor performance.
Promoting accountability is an important
part ..